Buy with SL of 2660₹ and enjoy the profits in next 89 days
Date : 5-Jun-2024 Rating : Buy - Positional Trade LTP : Rs. 2,961.75 Targets: (1) Rs. 3,180 --> (2) Rs. 3,308 --> (3) Rs. 3,423 --> (4) Rs. 3,590 SL : Rs. 2,777 on daily close basis Technical View: • Since Apr-2021, NSE:ASIANPAINT is moving sideways between 2,560 and 3,590. It was recently going through it's secondary downtrend. • After touching the high...
SYMBOL - ASIANPAINT Asian Paints is the largest home decor company in India. The 80+ year old company has major brands like Asian Paints, Berger, Apco etc. under its umbrella. The co. is into wall paints, wall coverings, waterproofing, texture painting, wall stickers, mechanized tools, adhesives, modular kitchens, sanitaryware, lightings, soft furnishings, and...
Symbol - ASIANPAINT Asian Paints is currently trading at 2822 2780 - 2830 is a good support area for Asian Paints. I'm seeing a trading opportunity on buy side. Buying Asian Paints Futures at CMP 2822 I will be adding more if 2785 comes & hold with SL of 2760 Targets I'm expecting are 2915 - 3015 - 3140 & beyond. Disclaimer - Do not consider this as a...
Asian paints Looks like bottoming out. ADX about to get a positive divergence and already fell from 50 level RSI above 50 BUY on dips with a SL of 2770, for the target of 3040 and 3230 CHART & ANALYSIS ADARSH DEY
Asian Paints has bounced from 200 EMA on a Weekly Time Frame (2788). Now at 2853. It is possible that stock could head towards 2900, 3000, 3100, and 3200 in the next few months. View invalid below 2776 level. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any...
Asian paints has been downtrending and consolidating for a while. A breakout has been observed from the consolidation along with positive divergence in momentum. Therefore we can expect the trend to change. Current entry is 3000-3005, target 3060, Stoploss 2970 This trade is recommended with a 1:2 RRR Happy Trading Yamini Prabu NSE&NISM Certified...
Asianpaints again taken a support from previous demand zone and expected an upmove towards 3280 odd levels until 2900 is intact on the downside closing basis. Please like the idea If you agree with the analysis, your like will motivate us to share more ideas on Tradingview. Happy Trading! InvestPro India
CMP of Asian Paints is at 2 very strong support levels: Yellow Line - 3 Years support level Green Line - 8 Years support level Also, RSI (Monthly timeframe) of Asian Paints in last 9 years has always bounced back from ~50 levels. Current RSI can be assumed to be at its minimum level. So very good BUY opportunity for 10% gains in short term from current levels.
Asian Paints has been taking support from the 200 ema on the daily charts and is trading between both the moving averages. The stock closed below the weekly 20 ema and today test the level and closed almost flat. If the market remain in a bearish trend, there can be a short trade in the stock as it has test the support levels many times. Entry :- Below...
Bullish Divergence at Play for Asian Paints Stop loss of 3100s Target of 3350s Bullish Hidden Divergence Small Risk & Big Reward Set up
Bullish Harami with Volumes in Daily TF Made at breakout retest zone Inv Head and Shoulder can be seen. Breakout on 12th June was also with volumes. Entry can be at CMP with Target 3400 SL below previous day Red candle at 3240
ASIANPAINT looks good if it's break the trend line resistance of 3022 to 3044. Buy above 3060 SL 3030/3022 Target 30107,3159,3205,3244 Risk to reward ratio is 1:2 to 1:6 If you keep trailing your SL.
Asianpaint chart beakout on chart, mentioned levels on chart plant accourding levels those levels are educational purpose
Asian Paints Ltd is an Indian multinational paint company. The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home décor, bath fittings and providing of related services.
Head and shoulders pattern observed in asian paints if breakdown is confirmed with volume then target is 2830
Asian paints has created double bottom on hourly chart. Also their is RSI Bullish divergence seen. It has also given breakout above the trend line. We can go long once it break above the resistance at 2924. Target will be 3036. Keep the Stoploss at previous swing low or low of the breakout candle.
NSE:ASIANPAINT looks at sweet spot to me. It's taking support around it's old levels of 3050. And on weekly timeframe if it crosses 3240 then soon 3600 levels can be seen.